Global QR code transaction values to exceed US$3tn by 2025

Juniper Research graph showing global QR code transaction values to exceed US$3tn by 2025

The total transaction values for payments made using QR codes worldwide will reach more than US$3tn by 2025, an increase of 25% from US$2.4tn in 2022, driven by an increasing focus on financial inclusion in developing markets and alternative payment methods in developed regions, according to a forecast by Juniper Research... More




What's New in Payments

US grocery stores trial AI-powered self-checkout shopping carts

Veeve AI-powered self-checkout shopping cart for Albertsons US grocery stores

Two US stores owned by retail giant Albertsons are trialling a self-checkout shopping trolley that enables customers to select and scan items while they shop, compare products and receive personalised recommendations via an on-cart screen, and pay for their purchases by inserting or tapping their payments card without visiting a checkout... More



What's New in Payments

Major banks, retailers and fintechs to support rollout of national QR payments and rewards system in Australia

Mobile phone showing Eftpos eQR-branded QR code

Commonwealth Bank of Australia and National Australia Bank as well as supermarket chains Coles and Woolworths and fintechs Azupay, Beem It and Merchant Warrior have confirmed they will support the rollout of the national QR payments and rewards platform developed by Australia’s Eftpos payments system... More